Tag: Ackerman

The Economics of Inaction on Climate Change: A Sensitivity Analysis

By Frank Ackerman and Ian J. Finlayson. October 2006 Why do economic models of climate change so often find that the “optimal” policy is to do very little about this serious global threat? Frank Ackerman and Ian Finlayson examine the widely used DICE model, focusing on its choice of a discount rate, its somewhat dated […]

The Economics of Inaction on Climate Change: A Sensitivity Analysis

Climate Policy, volume 6 no. 5 (2006), pp.509-526. by Frank Ackerman and Ian Finlayson (Despite the nominal publication date, this first appeared in print in mid-2007.) Visit Climate Policy Why do economic models of climate change so often find that the “optimal” policy is to do very little about this serious global threat? Frank Ackerman […]